1105 E Butler Drive

    Phoenix, AZ 85020
    • $1,097,000
    • STATUS: Pending
    • ON SITE: 42 days
    • MLS #: 6038455
    Pending
    $1,097,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:
    Area:

    School Ratings & Info

    Description

    This sale includes 8 units / Two 4 plexes on separate lots for easy residential financing. Additional property: 160-06-142-L (1111 E Butler Dr.) Located in Central Phoenix near the Phoenix Mountains Preserve, the I-51 freeway, and shopping, making it a trendy location with tenants and in the path of an ever-improving core. It is surrounded by mostly residential houses and beautiful scenery. Most of the units are very large (960 sf) 2 br. and 2 ba. units with lots of storage. Coin-op laundry for extra income. Easy care, low cost, desert landscaping. Lots of upgrades: newer kitchens, newer bathrooms, newer roofs, newer A/C units, fence, flooring +. 2 bonus landlord storage units. Many long term residents and LOTS of rent UPSIDE.

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    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Laughton Team | My Home Group. Data last updated 2020-03-31T00:10:19.013.
    www.myphoenixhomesearch.com/homes/103311901

    1105 E Butler Drive Phoenix, AZ 85020

    • Price: $1,097,000
    • Status: Pending
    • MLS #: 6038455
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1972
    Built
    Neighborhood:
    New Northtown 2
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    006 - Washington Elementary District
    Property Description
    This sale includes 8 units / Two 4 plexes on separate lots for easy residential financing. Additional property: 160-06-142-L (1111 E Butler Dr.) Located in Central Phoenix near the Phoenix Mountains Preserve, the I-51 freeway, and shopping, making it a trendy location with tenants and in the path of an ever-improving core. It is surrounded by mostly residential houses and beautiful scenery. Most of the units are very large (960 sf) 2 br. and 2 ba. units with lots of storage. Coin-op laundry for extra income. Easy care, low cost, desert landscaping. Lots of upgrades: newer kitchens, newer bathrooms, newer roofs, newer A/C units, fence, flooring +. 2 bonus landlord storage units. Many long term residents and LOTS of rent UPSIDE.
    Exterior Features

    Construction BlockFrame - WoodFrame - Metal Construction Finish PaintedStuccoBrick Trim/Veneer Covered Parking Spaces 1.00 Lot Size Dimensions Irr Parking >1 Space Per Unit Roads Treated Roofing Built-UpFoamRolled

    Interior Features

    1 Bedroom Unit Avg Sq Ft 660 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 960 2 Bedroom Units Baths 2 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included F/S Oven/RangeRefrigeratorDishwasherDisposal Cooling 2 Or More UnitsHeat Pump Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic TileVinyl/Composition Heating 2 Or More UnitsElectricGasHeat PumpIndividualCeiling Fan(S)

    Property Features

    1 Bedroom Unit Avg Rent 755.00 1 Bedroom Units 3 2 Bedroom Unit Avg Rent 982.00 2 Bedroom Units 5 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 97970.00 Annual Elec Exp 1149.00 Annual Gas Exp 0.00 Annual Ins Exp 2100.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 1100.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 1624.00 Annual Wtr Swr Exp 2427.00 Community Amenities No Pool Cross Street 12th Street And Northern Ave. Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric ApsIndividual Meter Gas Individual MeterSw Gas Gross Annual Sch Inc 97800.00 Hoa YN No Net Operating Income 92600.00 New Financing FhaConventional1031 ExchangeVa Operating Exp 12214.00 Other Income 3200.00 Other Type Packaged Offering Owner Pays WaterSewerElectricTrash CollectionLandscaping Project Type Four Plex5 - 12 Units Sale Includes Land & BuildingPersonal PropertyLaundry Equipment Sewer Sewer - Public Source Of Financial Data Provided By OwnerProjected Proforma Tax Municipality Maricopa - County Taxes 3814.00 Tenant Pays ElectricGasCable Tv Vacancy Allowance 0.03 Water City Franchise Zoning Multi

    Listing courtesy of Homesmart.


    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Laughton Team | My Home Group. Data last updated 2020-03-31T00:10:19.013.
     
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